// REGIONAL ROUND-UP // AFRICA | APAC | EUROPE | MIDDLE EAST | NORTH AMERICA
NORTH AMERICA
MERIDIAN BANK SELECTS PROCESSUNITY TO STREAMLINE VENDOR RISK MANAGEMENT
lending , retail and commercial real estate lending , wealth management and electronic payments . Meridian also has a broad menu of high-yield depository products supported by robust online and mobile access .
“ As we looked to develop a strategic Third-Party Risk Management program , ProcessUnity was the only company that offered flexibility , configurability and best-practice implementation across the vendor lifecycle ,” said Sally Wolgin , SVP – Information Systems , Meridian Bank .
“ ProcessUnity Vendor Risk Management will allow us to automate processes for onboarding new vendors , conduct pre-contract due diligence and facilitate ongoing vendor assessments , ultimately reducing risk for our organisation .”
“
PROCESSUNITY VENDOR RISK MANAGEMENT WILL ALLOW US TO AUTOMATE PROCESSES FOR ONBOARDING NEW VENDORS , CONDUCT PRE-CONTRACT DUE DILIGENCE AND FACILITATE ON- GOING VENDOR ASSESSMENTS , ULTIMATELY REDUCING RISK FOR OUR ORGANISATION .
ProcessUnity , a leading provider of cloudbased applications for risk and compliance management , has announced that Meridian Bank has selected ProcessUnity Vendor Risk Management to automate and streamline its Third- Party Risk Management program .
Meridian is an innovative community bank serving Pennsylvania , New Jersey , Delaware and Maryland , with a full suite of financial products and services . Meridian specialises in business and industrial
ProcessUnity ’ s Vendor Risk Management software protects companies and their brands by reducing risks from third-party vendors and suppliers . The company helps customers effectively assess and monitor both new and existing vendors – from initial due diligence and onboarding to mature on-going relationships .
Through automation and standardisation , ProcessUnity customers reduce busy workloads , streamline regulatory reporting and improve overall visibility into vendor performance . �
62 intelligent
. tech
Intelligent SME . tech